I share most of the concerns and frustrations that have been voiced here over the last couple of days. All these foundation worries could have been easily avoided if the money ("software"

) had just been set aside for it from the start. I think that was a mistake and don't really buy the "we wanted to leave it up to the community and prevent bystander effect" argument because that was not clearly communicated at the start. Actually, I couldn't find any mention of it anywhere prior to the crowdsale (or whatever it's called for this project).
I'd still be happy to have 5% taken from me at launch (or more as long as it's the same for everyone) but I realize it's likely too late for that now. I fully intend to donate generously but will only do so once the process is simplified and I feel safer using the software.
I still think the community will pull through and make the foundation happen, even if it takes more time than expected. To make it happen faster I think the community would appreciate knowing the details of what the funds will be used for. Who will be the members of the foundations? What are the foundation's goals? How will they be achieved? How much money will each objective cost? Of course, much of this is uncertain right now but clear and open info in this regard will help a lot in conveying the importance of the foundation to the community.
Once a
clear vision and direction for the foundation has been agreed upon, please post this info in the opening page and maybe send it out to the email list.
Actually, posting more general info to the OP would probably save a lot of time and headaches answering the same questions over and over again.